Bitcoin faces fresh selling pressure despite U.S.-Iran easing; over $400 million liquidated in 1 day

Bitcoin is facing a tough time, with over $400 million lost in just one day, even though U.S.-Iran tensions eased. Piyush Walke said, "easing U.S.-Iran tensions failed to revive sentiment." This drop happened because of worries about the economy, rising interest rates, and inflation, pushing investors away from crypto.